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HomeCommodities

Commodities

Economists
Bankruptcy

Economists Warn Americans Recession Is Coming

January 16, 2023 Mariel Alumit

Authored by Jack Phillips via The Epoch Times, Two top economists said that despite contrary predictions, a recession will likely hit the United States in the near future. “Some economists argue that the strength of […]

Futures
Commodities

Futures Dip As Dollar Rebounds From 8 Month Low

January 16, 2023 Mariel Alumit

US equity futures dipped ahead of the MLK day holiday, while global equities were little changed after their best start to a year in a generation as investors assessed whether the recent torrid rally has […]

Commodities

Copper price down after rapid rally

January 13, 2023 Mariel Alumit

C​opper prices paused their rally on Friday but were set to end the week with a 6.6% gain on hopes that a weaker dollar and China’s dismantling of covid-19 restrictions will lift demand. China’s zero-covid […]

PC Bust
Commodities

PC Bust Cycle Will Last Until 2024

January 12, 2023 Mariel Alumit

The PC bust cycle will extend well into 2023 and might not see a turnaround until 2024. The pandemic-era demand has mostly evaporated as consumers and companies delay purchases. The hangover for the PC market […]

copper
Commodities

Surging molybdenum price adds weight to new year rally for copper producers

January 10, 2023 Mariel Alumit

​ Copper prices started the new year with a bang – touching fresh six-month highs on Tuesday. Copper for delivery in March touched $4.0795 per pound or just shy of $9,000 a tonne, bringing gains […]

China
Commodities

Top 50 mining companies in 2022: coal, lithium win big, China investors lose out

January 9, 2023 Mariel Alumit

​ World’s top 50 mining companies end 2022 rock solid but Chinese stocks slide down the rankings despite surging coal and lithium prices, and Russian miners trading in Moscow finally succumb. Commodity prices are always […]

Gold
Commodities

Gold price hits 8-month high on Fed slowdown bets

January 9, 2023 Mariel Alumit

​ Gold prices hit an eight-month high on Monday, helped by a drop in the US dollar after economic data late last week raised hopes for slower rate hikes from the Federal Reserve going forward. […]

Copper
Commodities

Copper price at over 6-month peak as China reopens border

January 9, 2023 Mariel Alumit

​ The copper price jumped to a more than six-month high on Monday as demand prospects brightened after China reopened its borders. Copper for delivery in March rose 3% on the Comex market in New […]

Copper
Commodities

Copper price bounces on news about fresh investment in China

January 5, 2023 Mariel Alumit

​ The copper price rose on Thursday after news about fresh investment in China. Copper for delivery in March rose 2.4% on the Comex market in New York, touching $3.83 per pound or $8,426 per […]

Commodities

Here’s A List Of Biden Tax Hikes Which Take Effect Jan. 1- Everyone will be taxed, taxed and then taxed again.

December 31, 2022 Mariel Alumit

When the Democrats finally passed the “Inflation Reduction Act” in 2022 (how’s that going?), they included several tax hikes set to take effect on Jan. 1, 2023. Americans for Tax reform‘s Mike Palicz has conveniently […]

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